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Re: Crypti | XCR | Ͼ | 3 PoS algorithms | Ed25519 | 2nd Gen Source
November 07, 2014, 07:06:14 AM
#8732
Quote from: GreXX on November 04, 2014, 01:49:36 AM
Quote from: Wulfcastle on November 03, 2014, 06:21:22 PM
Quote from: imd1 on November 03, 2014, 05:48:27 PM
Any idea about 5000Bitcoins ? He was very enthusiastic about inclusion in SuperNet which GreXX has said they are discussing internally.
Has he left crypti community for the time being ? His 'Let's talk Crypti' forum is also silent..
https://bitcointalksearch.org/topic/xcr-lets-talk-crypti-and-other-nodejs-projects-821046Yeah haven't seen him for a while..., I'm sure he'll be back soon enough.
5000 Bitcoins had a private meeting with some members of the Crypti team and offered up his ideas and solutions for how we might progress moving forward. Solutions like focusing on Custom Blockchains now and finalizing PoT later so that we can show what Crypti is capable of and also some progress. He also talked to us in depth about how he perceives SuperNet as well as the benefit from joining to the whole Crypti community.
He had a lot of really good insight and we are taking all of his suggestions into consideration. For instance, we have decided as he suggested to progress on CMB while we attempt to come to a final solution on PoT.
I'm sure he is just taking a break to help work on SuperNet as he decided to take a small position on one of their teams and may be a little pre-occupied there for the time being as they are still fairly new.
Hi guys. I am still around these parts! If you look at my post history you'll see what I am currently up to.. it's full time Smiley
I had a few disagreements with the Crypti team, most of my suggestions were met with mixed emotions but all is good in the end we want the same things.
I am very happy that some of my suggestions are being taken seriously and action being made.
As he says, I have joined SuperNet and will try to bring services to that network right now. I do this nearly full time with the exception being my own company which does not take a whole lot of time for me right now. If XCR joins Supernet? Not sure. What Supernet needs right now is new streams of revenues for their investors that is the primary concern! When XCR implements their custom chains it could be interesting, who knows. Note that I do not speak for XCR nor Supernet but just speculate on my own here. But in this bear market focusing on services is a better way to go since not many alts are blooming. but I do feel XCR is severely undervalued but I do also have heavy critisism for how things are run within their foundation.
The reason I value services higher is because I feel the crypto community as a whole is bleeding very hard. Loss of volumes in coins due to a heavily diluted market with 10 new coins a day makes communities very small and spread all over.. and in most of these cases the new coins are doing nothing that bitcoin already does. You know, XCR is the one coin I feel might do something differently both in commerce and building strong value in their network (custom chains and forging system) which will reflect the price that we'll see eventually. I am not even interested in new coins anymore but XCR, I don't look for new ones that much, so my interest for currencies is very low because they offer so little edge over bitcoin that it is not so necessary to invest in them. In a few years if anything it will be bitcoin who prevails and maybe a handful of other coins will stick around too and there'll be not 10 a day but 50 new a day. So.. I've grown to a shitcoin pessimist at best.
I felt the initial investors in XCR are bleeding too and wanted to do something about that because I am in the same boat as you guys. I could not for the life of me figure out why people are not buying more XCR with so much lined up! But in times of insight I get why that is.. people don't know about XCR. They don't know who the team is, when they deliver things, there is no marketing being done in a industry with hundreds maybe thousands of competing altcoins. There is no presence on social medias! No campaigns no nuffin'. There needs be a sort of revival to bring volumes and new investors and contributors to XCR. An altcoin usually has a span of a month before dying out. As the annoying and dumb troll some posts above me says the volume is actually at nearly $0 now which is a sadly a major joke no matter how it is spun.
In my darker days of creating my own company, when all things sucked major balls I had close to no ideas on how to make things better, but when I was doing better the ideas were flowing mad because there is one less major problem. The primary concern is to always award investors no matter to what cost.
I am a brutally honest fella and I am not one for sweeping things under the rug but rather hit problems head on. That the volume and price is so low just reflects the lack of both interest in this coin and also the lack of credibility the team currently has.
I guess I can bring up my own brutally honest opinions if you want to hear them! Else there is no need to read further here.
There is a heavy lack of communication. I amongst others have pointed this out several times so I am not gonna go into this much more. Not only with the community but also I think there is a huge lack of internal communication. What several major companies do good is that they let in others on the process and what is being done. To say "A lot of things are going on in the background." is just not enough by miles. What's worse is what XCR has accomplished thus far is hidden (for good reasons) so what we have to go on here is simply your word. While your word has my trust because I have been following this project for months and know you are genuine. Others or newcomers? Not so sure about that.
There is a lack of confidence. No roadmaps, no ballparks, no ETAs. You got bashed hard for failing with PoT and delaying your entire roadmap. But there needs to be a new one. How many here are really interested in "it's done when it's done" kind of concept? I mean, I don't even know your gameplan right now. And say if a major company like Apple would say "The iPhone 7 is done when it's done." how excited am I for the iPhone 7 when they just one day announce "Here it is. And the iPhone 8 is done when it is done, a lot of things going on in the back. Bye."
There is a lack of marketing. I don't need to go any further into this. The marketing does not exist. Which there is no excuse for because even the worst of the worst have marketing.
There is a lack of efforts or showing of such. I asked about the BTER 1% 2 months ago. The only thing I have read is that there is talks about it, not good enough for me. I have been posting about Poloniex for the last month. Poloniex does not have a problem with you, to assume such is wrong. If anything they hurt their customers which is the last thing they're gonna do, if they wanted to hurt you they would delist you. Having a non workable wallet for them means less fees for them to rake in. It is more likely you are on the bottom of their list because the volume there was so low. Can you blame them? You have to be like a bulldog on them instead of posting about it here. I want to see Bittrex add too because most europeans and US traders trade there.. that's your community. BTER? You lack a chinese market presence except for a few trolls here I have seen nearly no ching chang.
There is a lack of technical specifications to get excited about. Most of the explanations more looks like a blog and explanations of what can be but no explanations of how. I know this is a strategy to cover from potential competitors stealing that idea. Still very dissapointing.
Again, these are only opinions of mine. I have lost much of my hope to contribute to the cause because all these points that I bring up have been brought up over and over so there is little interest from my side because there seems to be a heavy lack of being able to influence any decisions.
I see the last post about Poloniex is from some guy from outside the team doing it on his own. How can you not be on top of fixing that after over a month?
I too have coins there stuck in limbo. I know you guys are working hard on this yet most things you do publicly makes it seem like you are doing this halfassed. How do I know that? I spoke to some of you, did my research and due dilligence. Think all people gonna do that?
I used to check this thread several times a day but now it's more of a weekly randevouz. I am simply very bored with the project. yet I haven't sold a single coin because I determine the upside potential to be huge. Sadly there is little to no stride to award their original investors through whatever means they can.
I believe in the XCR developer team but their marketing/managing/PR side holds a very tiny shred of credibility in my brain.
Whether this is a result of lack of things to market? Yeah, probably. Can they do better? A million times better. People can sell pens for $60.
I once bought an umbrella when I was in Turkey. Did I have demand for it then? No, but I did when I came home weeks later.
I personally think PoT should be scraped. I think the whole concept is too risky and too time consuming. If anything it can be worked on when everything else is in place. I think you are narrow-minded and believe we demand you to deliver PoT and I don't think so. You tried it and it did not work in my book that's time to move on. Down the line you can try it again. But it will require months of work and months of extensive testing before you release it this time.
I think it's easy to forget the alt marketplace is heavily diluted daily and it's volume is in constant decline. And where they all match pairs to (BTC) is also in heavy decline. BTC is at $340 now and could be at $100 in 6 months. Who even knows? Everytime BTC goes down all others alts follow with it.
I think you are building your own grave with PoT. It is just too time consuming and should not be prio one. This bear market is also shoving your budget down the drain each day as we go. I have seen the discussions in this thread heavily deteoriate into almost nothing but meaningless posts so I will not bother reading all of them. Also there is no need to try to get people to your forum or post updates there. This is nowhere near NXT size a community or others who can abandon BCT because their community will grow like Facebook anyway the: (1,2,4,8,16,32) effect. When the community is big enough it can move to that forum. Until then I suggest post here but and post in forums as secondary
Personally I tried forging since you did the NRP and and have had it running for the past days. I have not yet forged a block with reward yet I see the same addresses forging 3 or 4 in a row. Anyone outside the XCR team have a success forging blocks, like Karmacoma24? Maybe I am just unlucky. Smiley
I like you prio customchains over PoT now because like I said it is way too time consuming and the risk/reward for spending time on it is not worth it.
In the end this coin as Mal points out was never really about forging, yet it is a neat compliment to it. It was about commerce and building on top of chains.
The question is will you implement custom chains before PoT and we are still waiting for a ballpark on that?
What do you have for plans in marketing?
I said 2 or 3 weeks ago I wanted to see the implementation happend in that order. I heard your reasons for why you did not want to do that and you know I disagree but in the end that's your call and not mine to make, frankly I do not mind about the outcome I am only suggesting that because I think at best we will see PoT live in 5 to 10 weeks if you were to go on it now. I think the key part of Crypti is custom chains the algo system is not perfect but will do for now. I think mostly where we will see new forgers is not by making a new PoT but by Bitseeds thingy that will allow 2 to run simultaneously. By the time you have new PoT you've lost most those who waited for it. Many new forgers will not see the beneficial aspect of it or just look at XCR as a used sexdoll.
I think the new PoT you want to develop is going to be time consuming because now you have to not be 100% sure it works but 139% sure it works.
so it will take a lot of time testing that. By the time it's done BTC could just be down in the dumpster or many other factors. Sadly, one main thing that hurt bitcoins credibility and still do is it's volatility and price. Having a measly $180k marketcap (can't check for sure because XCR isn't on CMC and cant be bothered to count on it) and no traded between does the same to XCRs credibility.
If you do decide to take out custom chains first for the love of god market it weeks before (!!!!) and treat it as a relaunch to XCR!
Even if you miss the deadline you say by a week or two marketing is still good.
Well this took me like 1 hr 30 to write and I think I got all I wanted to say pretty much said. No offence to the XCR team this is my constructive critisism.
I'm tired of waiting and the lack of effort. I'm not sure if any of the stuff I say will be taken with much more than a "we will discuss it" so I will personally say I have distanced myself away from caring about the process in which things are done. I want to say it's my personal, perhaps, childish opinion that focusing on PoT would be to be very stubborn. I don't think it's the main point of XCR at all. It's time to be more adaptive (you show that by focusing on it now) and realize that maybe the concept is not feasible or it can't be exactly what you wrote up several months ago. You're openening up yourselves to another dimension of vulernable if you want to dive into that for several months when the market that we're in is deteoriating. Yet the amount of transactions everyday increase, so if anything maybe dish out that commerce concept anyday now and start taking a chunk of that commerce market. The option to forge in itself is an edge to mining.
Well. Maybe fill us into the process of how you are diving into CMBs now + the amount of time you expect it to be.
I really do think it's time for you to make this interesting else people won't care for you nearly as much as you maybe think they do.
I mean the IPO got some noise sure but that was months back and there has been nearly nothing made since that.
But then again I said that several weeks ago too and since then almost nothing has happened to create interest or establish a community.
Good things take time sure, but many great innovations or artists of all sorts have died only to be discovered 50 to 100 years later.
Is XCR gonna die and then someone picks up the custom chains concept and bakes it into their currency in a few months?
tldr
communication
marketing
rants (poloniex, bter, forging)
customchains
develop customchains (get devs building on top of it, storj?)
develop pot
test pot
deploy pot
in the end, I've stuck with this project for months and will continue to do so. but there just isn't that much to speak of in terms of innovation but a few concepts I trust you enough to be able to deploy, we've even backpeddled since launch sadly. let's remember 3 months in crypto is a long long time and no one knows where the price of bitcoin is going or if something else is gonna happend. So you don't have forever to do what you set out to do so worrying about this and that and the other 500 scenarios you've painted up in your minds if you'd change plan somehow.. maybe tomorrow they won't matter. Maybe tomorrow price is $10 or a bug is found or Satoshi starts dumping bitcoins or... you get my drift.
I'm not gonna speak much more on the matter because frankly I've reached that point where the current state does not excite me anymore, and there is not much for me to talk or discuss anyway, since there is literally nothing I haven't already said or spoken on, if things change, maybe.. but I am working on my own stuff right now because I am a high energy guy who want to do stuff instead of sit around and wait so I'll just be a quiet investor mostly. Wink
P.S How about taking over the Crypti account on here Grexx since Boris don't post anyway? OP hasn't been updated in weeks.
Good luck
builder of networks